Legal Opinion

Whitfield v. Kern

New Jersey Court of Chancery

Decided March 25, 1936PublishedCited by 6 opinions

1Opinion of the Court

Complainant is the trustee in bankruptcy of E.C. and J.B. Kern, Inc., (hereinafter called the Company), adjudicated a voluntary bankrupt on May 31st, 1932. The amount due to creditors, over and above the proceeds of the assets of the Company, is approximately $12,000, besides administration expenses.

The three defendants were the directors of the Company at the time of, and for a period of six years prior to, the bankruptcy, and during the same period the defendant Edward Kern was its president and the defendant John Kern was its secretary and treasurer.

The bill charges that the defendants as…

2Cases cited20 opinions

  1. Ellerman v. Chicago Junction Railways & Union Stockyards Co.New Jersey Court of Chancery · 1891
  2. Appleton v. American Malting Co.Supreme Court of New Jersey · 1903
  3. Easton National Bank v. American Brick & Tile Co.Supreme Court of New Jersey · 1906
  4. Marr v. MarrSupreme Court of New Jersey · 1908
  5. Smith v. RobinsonNew Jersey Court of Chancery · 1914

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3Cited by6 opinions

  1. Paddock v. SiemoneitTexas Supreme Court · 1949
  2. Saracco Tank & Welding Co. v. PlatzCalifornia Court of Appeal · 1944
  3. Renwick v. MartinNew Jersey Superior Court Appellate Division · 1939
  4. Hollander v. Breeze Corporations, Inc.New Jersey Superior Court Appellate Division · 1941
  5. Riddle v. Mary A. Riddle Co.New Jersey Court of Chancery · 1948

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